I have never heard of this metric and don't see any information on it online.

Purchased for $69,000, it needed a full rehab, including a new roof, plumbing, and modern updates inside and out.

@Vinny Muli - it is VERY hard but not impossible to get an equity line of credit on a non owner occupied property. 

Purchase price: $45,000 Cash invested: $40,000 Renovation Overview: 1453 Southfield Dr, Columbus, OHWe've transformed 1453 Southfield Dr into a modern residence.

This complete transformation has upgraded an outdated property into a contemporary and functional home in Columbus, Ohio.Renovation Details:Kitchen: The kitchen has been entirely renovated with new cabinetry, modern appliances, stylish countertops,

You’re paying big money to target people who explicitly want to hold on to their homes, all in the hope of convincing them to sell.

Be careful following the advice of strangers on the information superhighway.

The lease starts once you close on the property, collect rent, security deposit, etc. 

@Daniel Chen Here's an article with some FAQs on Section 179D that you may find helpful.

She currently spends 5-6 hours a month on my stuff.